According to Italian reports, the bodies of six individuals were found after a boat capsized near the island of Lampione in Italy. It was announced that six people died and 40 others went missing after the irregular migrant boat capsized in the Mediterranean Sea while attempting to cross from Africa to Europe. Reportedly, 10 individuals […]
The Ministry of Trade has granted foreign trade capital company status to 8 more companies. The Ministry of Trade’s Decision Communiqué on Foreign Trade Capital Companies was published in the Official Gazette and entered into force. With this decision, foreign trade capital company status has been granted to 8 more companies. As a result, the […]
There is a fluctuating trend in the markets… The stock market lost over 5% in value. After hitting record highs with the dollar exceeding 41 lira and the euro surpassing 45 lira, they both turned downwards. Meanwhile, gram gold tested 4,000 lira. The BIST 100 index in Borsa Istanbul started the day with a 6.87% […]
In Turkey, the number of registered motorcycles has exceeded that of cars in five provinces. Manisa stood out as the province with the largest difference between motorcycles and cars. As of February, the record level of 6,329,732 registered motorcycles was reached in Turkey, surpassing the number of cars in Aydın, Kilis, Manisa, Muğla, and Iğdır. […]
In the “Wednesday Fire” celebrations in the capital city of Tehran, 19 people lost their lives. The number of injured was reported as 5,568. The “Wednesday Fire” celebrations, which started after iftar in Tehran yesterday, saw some citizens jumping over fires while others used fireworks, firecrackers, and at times homemade explosives. In Iran, during the […]
The concept of devaluation, an economic term, is often of interest to investors and citizens closely following economic developments. Usually, devaluation decisions taken due to economic necessity are made consciously by a country’s central bank. Devaluation has both positive and negative effects on the economy. So, what is devaluation, and what does it mean? What […]
The Banking Regulation and Supervision Agency (BRSA) has imposed limitations on the loans that development and investment banks can grant to individuals or groups, excluding Istanbul Settlement and Custody Bank Inc. and Provincial Bank Inc. BRSA defined the credit limit ratios that development and investment banks can offer. In the statement made by the BRSA […]
Minister of Treasury and Finance Mehmet Şimşek stated that “The economic program we are implementing continues with determination.” Making a statement regarding the movements in the markets, Minister Şimşek used the following expressions on his social media account: “Everything necessary is being done for the healthy functioning of the markets. The economic program we are […]
In Yemen, the Husilers targeted the USS Harry Truman aircraft carrier owned by the USA in the Red Sea for the fourth time in the last 72 hours. The Husilers also announced that a military airbase in Israel was targeted with a ballistic missile. While the US Central Command (CENTCOM) stated that operations against the […]
The meaning of a circuit breaker in the stock market is a topic that catches the attention of BIST 100 investors who are curious and researching. Circuit breaker in the stock market refers to the temporary suspension of trading activities in order to prevent panic selling in the markets. So, what is a circuit breaker […]
